Northrop Grumman Awarded $5.1 Billion Contract for Detail Design and Construction of Gerald R. Ford (CVN 78) Aircraft Carrier

Northrop Grumman Corporation has been awarded a $5.1 billion, seven-year, cost-plus-incentive-fee contract award for detail design and construction of the Gerald R. Ford (CVN 78) nuclear-powered aircraft carrier. The company's shipbuilding sector will perform the work, which includes ship construction, ship design activities, engineering services, procurement of materials and hardware to support construction, and logistics activities.